Michael Saylor’s Strategy Expands Bitcoin Holdings To 640,808 BTC With Latest Purchase ⋆ ZyCrypto

Bitcoin Headed for Smooth Landing Above $130,000, Expert Predicts

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Strategy, the world’s largest publicly traded corporate holder of Bitcoin, purchased an additional 390 BTC between Oct. 20 and Oct. 26 at an average price of $111,117 per Bitcoin.

Strategy Added $43.4 Million To Bitcoin Treasury

Strategy unveiled a new Bitcoin purchase, scooping up $43.4 million worth of the asset, according to a filing on Monday.

This latest purchase brings Strategy’s total Bitcoin holdings to 640,808 BTC (worth around $74 billion), with an overall average acquisition price of around $74,032 for a total cost of $47.4 billion. For perspective, this stash represents over 3% of the Bitcoin that will ever be mined. That has enabled Strategy to pad its lead as the largest corporate holder of Bitcoin. 

The acquisition was funded with proceeds from the issuance of various preferred shares. The disclosure came as Bitcoin hovered near a two-week high, with the U.S.-China truce benefiting risk assets in recent days.

Strategy Logs Sharp Drop In Bitcoin Purchases In October

Notably, Strategy’s October buys are down roughly 77% compared with the 3,526 BTC scooped up in September, highlighting the ongoing slowdown in accumulation.

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CryptoQuant analyst JA Maartun observed in an X post that the rapid slowdown in Strategy’s Bitcoin acquisitions has been triggered by capital raising complications, with equity issuance premiums plunging to 4% from 208%.

“Strategy is no longer buying big — but they’re still buying,” Maartun noted, adding that long-term conviction remains, “even as funding pressure grows.”

Despite the dramatic deceleration, 2025 is still a big year for Bitcoin buys by the Michael Saylor-chaired company, with $19.53 billion spent on BTC investments so far. The company still has around two months to beat last year’s record of $21.76 billion spent on BTC, Maartun postulated.

“It’s Orange Dot Day,” Saylor, as usual, hinted at the latest purchase on Sunday, while displaying a chart of the Tysons, Virginia-based firm’s previous Bitcoin acquisitions.



Source: https://zycrypto.com/michael-saylors-strategy-expands-bitcoin-holdings-to-640808-btc-with-latest-purchase/